Little Bear Child Development Center

Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)

Little Bear Child Development Center has earned a Three-Star rating from Charity Navigator, reflecting an overall score of 82%. This score is based solely on the Accountability & Finance beacon, indicating a strong emphasis on financial integrity and transparency. The organization demonstrates excellent governance practices, with a fully independent board and a solid financial statement audit.

However, there are notable limitations in areas related to policies and documentation. Little Bear lacks a conflict of interest policy, whistleblower policy, and a document retention policy, which are essential for promoting organizational accountability. Additionally, the absence of accessible board meeting minutes raises concerns about transparency in decision-making processes.

Despite these issues, the center's financial health appears strong, with a low liabilities to assets ratio and a high program expense ratio, suggesting that a significant portion of its resources is directed toward its mission. Overall, while Little Bear Child Development Center shows promise in its financial accountability, addressing its policy gaps could enhance its credibility and effectiveness further.

This AI summary has been generated from information found on Charity Navigator.

Little Bear Child Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Bear Child Development Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $85,762
Professional Fundraising Fees: $0
Other Salaries and Wages: $331,031

For more financial information, click here

Official website here: www.littlebearcdc.com/